Childrens Community School Inc

Analysis

Childrens Community School Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in June 1979, 47 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Community School Inc reported income of $2.9m and spending of $2.1m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.9m (+90%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Community School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Texas Water Utilities Association ($2.9m), South Orangetown Ambulance Corps Inc ($2.9m) and Academy at Ocean Reef Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 24% of the total. Other salaries and wages came to $919k. At year end it held assets of $2.3m against liabilities of $62k, net assets of $2.2m. It reported 42 employees.